Mad River

Verano Maximizes Ohio Footprint by Closing on Acquisition of Dayton Dispensary, Mad River Remedies

Retrieved on: 
Friday, July 9, 2021
Surnames, Verano, Mad River, Dayton, Ohio, Ohio, Geography of the United States

The addition of the Mad River Remedies dispensary provides coverage of the Dayton metropolitan area which has a population of nearly 800,000.

Key Points: 
  • The addition of the Mad River Remedies dispensary provides coverage of the Dayton metropolitan area which has a population of nearly 800,000.
  • The dispensary location is in close proximity to both the University of Dayton and Wright State University campus communities.
  • CHICAGO, July 09, 2021 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (Verano or the Company), a leading multi-state cannabis company, today announced it has closed its acquisition of Mad River Remedies, LLC, a highly productive dispensary in Dayton, Ohio.
  • Over the course of the last year, Ohio developed into a core market for us, and were pleased to gain coverage of the substantial Dayton market through this acquisition of Mad River Remedies, said George Archos, Verano Founder and CEO.

Verano Holdings Expected to Maximize Ohio Footprint with Agreement to Acquire Dayton Dispensary, Mad River Remedies

Retrieved on: 
Thursday, April 1, 2021
Ohio, Dayton metropolitan area, Surnames, Verano, Dayton, Ohio, Geography of the United States, Mad River, Archos

The accretive transaction, along with other pending deals, expected to bring Veranos Ohio retail footprint to five dispensaries, the maximum permitted in the state.

Key Points: 
  • The accretive transaction, along with other pending deals, expected to bring Veranos Ohio retail footprint to five dispensaries, the maximum permitted in the state.
  • Expected to give the Company retail coverage of the substantial Dayton metropolitan area encompassing a population of nearly 800,000.
  • CHICAGO, April 01, 2021 (GLOBE NEWSWIRE) -- Verano Holdings Corp. (CSE:VRNO) (Verano or the Company), a leading multi-state cannabis company, today announced it has entered into an agreement to acquire Mad River Remedies, LLC, a highly productive dispensary in Dayton, Ohio.
  • Ohio has developed into a core market for us, and were pleased to gain coverage of the substantial Dayton market through this agreement to acquire Mad River Remedies, LLC, said George Archos, Verano Co-Founder and CEO.